timmt.
ANNUAL REPORT
TREASURER
STATE OF GEORGIA,
YEAR ENDING OCTOBER 6, 1881.
ATLANTA, GA.: CONSTITUTION PUBLISHING CO., STATE POINTER."'
1882.

I

ANNUAL REPORT
TREASURER
STATE OF GEORGIA,
YEAR ENDING OCTOBER 6, 1881.
ATLANTA, GA
0 CONSTITUTION PUBLISHING CO., STATE PRINTERS.
1882. m&hfg0gH
'*

Report of the Joint Committee on Finance Adopted in Senate and House.

The joint Standing Committee on Finance have examined the

accounts and vouchers of the Comptroller General and Treasurer,

as required by section 186 of the Code, and respectfully submit

that the books of these officers have been neatly and correctly

kept, and their annual reports are sustained by the condition of

the offices. The report of the Treasurer showed a balance in the

treasury, October I, 1880, of 688,865.47, which amount is shown

on the books, and on the 10th day of November, 1880, J. W.

Renfroe, the former Treasurer, turned over to D. N. Speer, the

present Treasurer, the sum of $665,594.97, which amonnt we

found on the books, and the same agrees with the books of the

Comptroller General of that date. The books of the Treasurer

showed a balance on September 5, 1881--the day your committee

began its investigation--of $782,884.84, which amount your com-

mittee found in the hands of the Treasurer and the State Deposi-

tories, an itemized account of which is hereunto appended.

In the opinion of your committee the Treasurer deserves the

gratitude of the people of Georgia for his conduct in the matter

of the State's funds in the Citizens' Bank, as well, also, as for his

efficiency and the good management of his office.

He found in this bank, when he entered the office, $332,432.75

more than half of the whole amount of the State's funds at that

time. He at once began drawing from this bank to meet all the

demands of the State, so at the time of the suspension there was

on deposit in said bank only $103,218.46; thus, as we think, sav-

ing to the State a large sum of money. * * *

Respectfully submitted,

DUPONT GUERRY,

"W. H. MATTOX,

J. F. BROWN,

From Senate Committee.

A. W. HILL,

S. D. FULLER,

B. J. DAVIS,

i

S. R. CHRISTIE, D. C. BACON,

From House Committee.

ATLANTA, September 22, 1881.

TREASURER'S REPORT.

STATE OF GEORGIA, TREASURY DEPARTMENT,
ATLANTA, GA., October 6th, 1881.
To His Excellency, ALFRED H. COLQUITT, Governor of Georgia: SIR--I have the honor to submit to your Excellency the follow-
ing annual report of this Department, showing the financial condition of the State, and embracing receipts and disbursements at the Treasury from October 1st, 1880, to October 6th, 1881, both inclusive, to-wit:

Balance in Treasury October 1st, 1880

$ 688,865 47

*Eeceived in the Treasury from October 1st, 1880, to October 6th,

1881, both inclusive

1,384,032 01

#2,072,897 48

Disbursements from October 1st, 1880, to October 6th, 1881, both in-

clusive



1,278,349 97

Balance in Treasury October 6th, 1881

$ 794,547 51

Table A, beginning with the balance in the Treasury October 1st, 1880, shows the receipts and disbursements in each month during the year ending September 30, 1881, and also for the first
six days in October, 1881. Table B is an account current between the Treasurer and the
State, beginning with the balance in the Treasury October 1st, 1880, and shows the amounts received from the different sources of revenue, and the payments on each particular fund up to October 6th, 1881, inclusive.
Table C is a statement of the public debt as it now stands, and shows the liability of the State on its own account for bonds running to maturity, amounting to $9,726,660.
Table D shows the amount of interest to be paid quarterly and semi-annually on bonds of the State of Georgia, and the month in which it falls due, in and during the year of 1882.
,
*This report is made to cover the time from October 1st, 1880, to October 6th 1881, inclusive, to meet the requirements of an act of. the present Legislature changing the fiscal year, and also making an official report year--said report ye . to end thirty days preceding the meeting of the General Assembly.

,

*

4

TREASURER'S REPORT.

Table E shows the total valid and bonded debt of the State on October 1st, 1881 ; also the amount of liabilities of the State, absolute and contingent, as endorser on railroad bonds, and the amount of property owned and possessed by the State.
Table F is a list of the insurance companies that have on deposit in the State Treasury $25,000 each, under an act approved February 28, 1877.
Table G is a minute and particular descriptive list of the bonds of the State not yet due, showing their number, size, rate, date of issue, and maturity, when and where payable, authority and object of issue, principal due each year, the names of signers, also the size, time of payment, and signers of coupons.
Respectfully submitted, D. N. SPEER, State Treasurer.

-\

'&''

TABLE A. Monthly Receipts and Disbursements from the Treasury for the fiscal year ending October 6, 1881.

1880--October . November December
1881--January . February. March April . May. . June .
.July. . August September October, 6

MONTHLY RECEIPTS To receipts in Treasury

MONTHLY PAYMENTS.

62,088 77 1880--October .

By payments from Treasury.

161,523 39

November

429,770 28

December

184,799 01 1881--January .

95,324 06

February

74,821 38

March

83,371 22

April .

37,218 01

May . .

48,352 08

June. .

93,570 78

July . .

33,247 22

August

54,451 23

September

25,493 98

October, 6 days

H3

43,254 82 fed

84,617 70 99,325 23

>
'A

156,810 39 w

178,200 54 185,953 35

fwed

56,024 63

235,271 71

52,621 43 fe? 85,392 15 30,828 84 o

40,581 94

29,467 24

$1,384,032 01 balance in Treasury, Oct. 1,1880 688,865 47

,278,349 97 " balance in Treasury Oct. 6,1881 794,547 51

$2,072,897 48

$2,072,897 48

w

TABLE B. Statement of Receipts and Disbursements at the Treasury for the fiscal year ending Oct. 6,1881.

FROM WHAT SOURCE RECEIVED.

To balance in Treasury, October 1, 1880..

" Show Tax, 1880

" 1881

Tax on Insurance Agents, 1880.

'* "

"

" 1881

Liquor Tax, 1878

" 1879

" 1881

Insurance Tax, 1880

" 188L

Railroad Tax, 1880

" 1881

Insurance Fees. 1880

" 1881

General Tax, 1873

" 1874

" 1875

"

" 1876

"

" 1877

" 1878

"

" 1879

'.

1880

Sewing Machine Tax, 1879

" 1880

"

"

" 1881

Tax on Billiard Tables, 1880

""

"

' 1881

" " Auctioneers, 1880

""

"

1881

" " Games, 1880

" " " 1881

" " Special Nostrums, 1880..

"" "

"

1881 .

Photographic Tax, 1880

Dividends from Stock, 1880

ON WHAT ACCOUNT DISBURSED.

688,865 47 4,819 00

By Acade'm.<y lorthe

Blind, '

1880 1881

269 05 Athens University, 1881

1,071 00 Atlanta

"

"

937 00 Civil Establishment, 18S0

22 5'l

1881

249 08

1878

23 722 51

1879

23,572 75 Contingent Fund, 1880

2,383 10

1881

11,766 63

" expense Supreme Court, 1889

2,035 54

" 1881

37,715 83

" " Railroad Commissioners, 1881...

67 50 Commissioner of Agriculture, 1880

2,992 50

'

"

1881

50) (0 Clerk Supreme Court, 1881

945 00 Claim Macon and Brunswick Railroad, 1881..

70 50 Fund Artificial Limbs, 1881

70 50 Funded Debt, 1881

320 50 Institute Deaf and Dumb 1880

97u 50

""

" 1881

5,630 99 Lunatic Asylum, 1880

792,956 50

" 1881

200 50 Library Fund, 1881

401 00 Legislative Pay Boll, 1880

1,800 00 Land Scrip Fund, 1881

2,205 00 Overpayment Taxes, 1880

2,452 50 Printing Fund, 1881

292 50 Penitentiarv Fund, 1880

202 50 Public Buildings, 1880

112 50

"

"

1881

22 50

' Debt, 1881

208 13 Salary Chemist, 1881

270 00

" Inspectors, 1881

342 00

" Railroad Commissioners, 1881

2,778 00

" Clerk Railroad Commissioners, 1881

000 00

000 00

000 00 H3
000 00

756 80
> 558 90
377 64 CD

500 00 d 330 75 si
532 73

324 35 w
279 16

400 00

30) 00

,500 00

483 25

316 30 825 00

o

500 00 w

3. ,750 00

15 ,000 00

41. ,458 36

65. ,277 70

2. ,385 79

42 ,613 00

6. ,314 14

4. 299 04

6, ,819 00

24 559 73

2 00) 00

8. ,300 00

646 ,735 80

3. ,249 99

5 607 28

,124 99

373 33

Tax Lightning Rod Agents, 1880

Sale of an engine Earnings Macon and Brunswick Railroad....

Tax Express Company, 1880

1881

Claim va. Harris Tax on Telegraph Companies, 1880

""

"

"

1881

Interest on sale North and South Railroad..

"Wild Laud Tax, 1880

" " " 1874, '75, '76

Office Fees, 1881

Rent of Public Buildings, 1880 ' " Western and Atlantic Railroad

Tax on Sleeping Car Companies, 1880

"

"

"

"

1881

Hire of Convicts, 1879

"" "

1880

Insolvent General Tax

Interest on Oconee Bridge Bonds " sale Memphis Branch Railroad

Hire of Convicts

Inspection Fees

Sewing Machine Agents Tax on Telephone Company, 1881

Sale North and South Railroad

Tax Lightning Rod Dealers, 1881

Penalties

67 50 300 00 4,608 12 510 37 1,078 51 2,328 19 1,044 25 919 07 1,117 50 295 22 254 75
83 50 629 50 300,000 00 182 56 203 19 2,830 45 24.925 01 1,069 31 112 00 630 00 2,705 33 72,192 (-9 387 00 154 26 40,500 00
67 50 165 22
$ 2,072.

Special Appropriations, 1881 Supreme Court Reports, 1881
School Fund, 1880
1881 1882 Solicitors Generals, 1881 Trustees Lunatic Asylum, 1881 Western and Atlantic Railroad Change Bills Balance in Treasury, October 7, 1881

38,465 86 5,250 00 183,956 34 3,325 24
922 65 1,450 00 1,125 00
1 85 794,547 51
>
X q Ed
$ 2,l>73,897 48 ft cx

00

TABLE C.

_^ er, iM, Mowing the Dates qf Issue and Maturity, and Annual Interest <TM each issue

DATES OF ISSUE.

1873

1873 ,

1873 ,

1873 .

1866 and 1873 .

1870 .

U.

1872 .

1876 .

1877 .

1878.

Total Public Debt (not yetdue) and Annual Interest.

so

Years

to

Run.

when Due.

Amounts Principal
due each year

Annual Interest on each issue.

Principal and Annuallnterest on each amount

> q SO

iyear . 1J years . 2J years . 31 years . 4J years . 9 years . 1 years .
years . years . years .

1882 1883 1884 1885
1890 1892 1896 1889 1885

v 100,000 00 i 8,000

100,000 00 8,000

100,000 00 8,000

100,000 00

8,000

4,000,000 00 278,000

2,097,000 00 146,790

307,500 00 21,525

542,000 00 37,940

2,298,000 00 137,880

82,160 00

3,286

$ 108.000 00 108,000 00 108.000 00 108,000 00
4,278,000 00 2,243,790 00
329,025 00 579,940 00 2,435,880 00
85,446 40

so
Hi o so H

,726,660 00$ 657,421 40

VJ"

TABLE D.

Showing amount of Interests be paid quarterly, and semi-annualhj, on bonds of the State of Georgia,

and the month in which it falls due, in and during the year 1882. WE

CLASS OP BONDS

Ammiiit. January. February. April.

July.

August. October.

Total Interest.

Total Payments

00 d

fed

s*

Bonds issued for stock in the Atlantic and Gulf

BoBnadilsrosaedcured by mortgage on ,W;;e-"s:tern anAd AVitilTMan"ti^c

Bailroad



Bonds issued under Act of January 18, 18<2...

Bonds issued under Act of February 10, 1873

Bonds issued under Act of February 24,1876 ....

(i 7 7 8 7

per per per per per

cent. cent. cent. cent. cent.

i 300,000
3,600.000 307,500 500,000 542,000

1C6.000 00 10,702 50 18,070 00

Bonds issued to redeem M. & B., N., S. A M. Bonds
Gold Bonds, quarterly coupons Bonds isssued to redeem 6 per cent. Bonds

Branch

6 7 4

per per per

cent. cent cent.

2,208,000 2,097,000
82,100

68 940 00 36,697 50 3,286 40

8 0,720,600 $264,656 40

9,000

9,000

8 18,000 00 8 18,000 00 co

126,000 00 10,762 50 fl20,000 00 18,970 00
68,940 00 36,697 50 36,697 50

252,000 00 252,000 00 21.525 00 21.525 00

fed

16,000 00 36,000 00 136,000 00

37,940 00 37,940 00 O

137,880 00 137,880 00 36,697 50 146,790 00 146,790 00

K 1-3

3,286 40 3,286 40

9,000 56,697 50 8261,370 00 9,000 ! 52,697 50 8 653,421 40,8 753,421 40

tOne hundred thousand dollars of this amount is the principal of the 8 per cent, bonds falling due this month (April).

zo

TABLE E.

Showing the total valid bondedDtblof the State of Georgia on October 1, 1881; also the amount of Liability ofijie State, absolute and contingent, as endorser on Railroad Bonds, and the amount of Property owned and possessed, by the State.
>-3

Total Bonded Debt .... Total endorsement on (secured by first lien) bonds of South Georgia and Florida Railroad Total endorsement on (secured by first lien) bonds of Northeastern Railroad

$9,726,660 00 464,000 00 260^000 00

CR.

Western and Atlantic Railroad, 138 miles--lease 10 years to run--annual rental $300,000.

Macon and Brunswick Railroad--195 miles--sold for $1,125,000, of which about $945,000 is yet due. See Act 1879.

Memphis Branch Railroad--5 miles--sold for $9,000, due January, 1881.

South Georgia and Florida Railroad--58 miles--(contingent)--has never defaulted in paying interest.

Bonds Oconee Bridge

value . ,

Bank State of Georgia--1,833 shares

no value . .

Bank of Augusta--800 shares.

no value .

Georgia Railroad and Banking Company--186 shares

Atlantic and Gulf Railroad--10,000 shares--par $l,000,000-(no market value)

Southern and Atlantic Telegraph, guaranteed by Western Union Telegraph Co--440 shares

Public Buildings--not estimated

o

SI

lj600 00

H3

25 000 00 10,000 00

TREASURER'S REPORT

11

TABLE F.

The following^s a List of Insurance Companies that have deposited $25,000 each in the Treasury, under the provisions of an Act approved February 28, 1877.

Imperial Fire Insurance Co., of

London Assurance Corporation

Merchants and Mechanics Insurance Co

Insurance Company of North America

Hamburg-Bremen Insurance Co

Connecticut Insurance Co

German American Insurance Co

Virginia Fire and Marine Insurance Co

Northern Assurance Co

Virginia Home Insurance Co

West ern Assurance Co

British American Insurance Co

North British and Mercantile Insurance Co

Phreni x Assurance Co

Commercial Union Assurance Co

Phoenix Insurance Co

Guardian Assurance Co

Phcenix Insurance Co

Petersb urg Savings and Insurance Co

Hartford Fire Insurance Co

Niagara Insurance Co

Franklin Insurance Co

Watertown Fire Insurance Co

Columbus Insurance and Banking Co

London and Lancashire Fire Insurance Co

Liverpool and London and Globe Insurance Co

Westchester Fire Insurance Co

Star Fire Insurance Co

Fire Association of Philadelphia

Home Insurance Co

Manhattan Insurance Co

Royal Insurance Co

Lancashire Insurance Co

Norwich Union Fire Insurance Society

Continental Insurance Co

Queen Insurance Co

,

Williamsburg Ciiy Insurance Co

Scottish Union and National

Mechanics Fire Insurance Co

The Lion Fire Insurance Co

Germania Fire Insurance Co

Hanover Fire Insurance Co

London, England. London, England. Richmond, Va. Philadelphia, Pa. Hamburg, Ger. Hartford, Conn. New York. Richmond, Va. England. Richmond, Va. Toronto, Can. Toronto, Can. England. London, Eng. London, Eng. Hartford, Conn. England. New York. Petersburg, Va. Hartford, Conn. New York. Philadelphia, Pa. VVatertown, N. Y. Columbus, Miss. England. England. Hew York. New York. Philadelphia, Pa.
New York. New York. England. England. New York. New York. England. New York Scotland. Brooklyn. England. New York. New York.

3

TABLE G.
Descriptive List of the Bonds of the State of Georgia running to maturity, outstanding on the 1st of October, 1880, in order in which they become due, showing their number, size, rate, date of issue and maturity, when and where payable, authority and object of issue, principal and interest due each year, and the names of signers: also, size, time of payment, and signers of coupons.

DATE OF BOND Month. Year.

Size of
Bond.

No. of Bate Issue. Per Cent.

Term.

Time to Run.

PAYABLE.

Amount Annual Engraved Size

ol

Interest on

or

of

Month. Year Each Issue. Each Issue Printed. Coupons.

SIGNERS OF COUPONS.

Februa'y February August August. May ... M Oacyto. be. r July... truly... April.. April..
April .. April..

1860

500 200 6 per cent 20 years 1M, years. February.. 1886 ? 100 000 00 6,000 Engraved.

1866 1866

100 345 6 per cent 20 years 4% years. February.. 1886 500 300 6 percent 20 years 4% years. August. ... 1886

31,500 00 150,000 00

2,070 Engraved . 9,00'l Engiaved .

1860

100 1556 per cent 20 years b% years. August

1887

15,500 00

930 Engraved.

'866 1,000 2,800 7 per cent 20 years 5>2 years. M ay

1886 2,800,000 00 196.000 Engraved.

1866

500 1.600 7 per cent 20 years 5>| years. May

1886 800,0 1" 00 56,000 Engraved.

1870 1000 2,008 per cent 20 years 9 years. October

1MI0 2,097 000 00 146,790 Engraved.

1872 1,000 207 percent 20 years 11 years. July

1892 207,000 I'O 14.490 Engraved.

1872

500 201 per cent 20 years 11 years. July

18'<2 100,500 00 7.035 Mi graved

1873

500 200 per cent 9 years Yi year.. April

1882 100.000 00 8 0(!0 Engraved.

187,3 1.000 100 per cent 10 years 1% years. April .... 1883 100, 00 00 8,000 Engraved.

1873 1,000 100 per cent 11 years 2>2 years. April

18H4 100.000 l 0 8,000 Engraved.

1873 1,000 100 per cent 12 years 3X years. April

1885 loo,ouo no 8,000 Engraved.

1873 1,000 100 per centj!13 years i% years.. April

1886 100,000 00 8,000 Engraved.

1876 1,000 542 per cent' 20 ears 15 years. July

1896 542,000 00 37,940 Engraved.

1877 1,00) 2,298 per centj 12 years 8 years. July

1889 2,298.000 00 137,880 Engraved.

1879 5 to 50

per cent 6 years 3 years. January ... 1885

82,160 00 3,286 Engraved.

$9,726,660 00 $ 657,421 40

15 00 John Jones, Treasurer ... 3 00 John Jones, Treasurer .. 15 OOJohn Joues, Treasurer 3 00 John Jones, Treasurer 35 0 'iW. H. Scott, for Treasurer 17 50 B. A. White, for Treasurer 35 OOMadison Bell, Comptroller-' 35 00:N. L. Angler, Treasurer.. 17 50 N. L. Angier, Treasurer.. 20 OOJohn Jones, Treasurer... 40 OOJohn Jones, Treasurer... 40 00'John Jones, Treasurer... 40 00 John Jones, Treasurer... 40 OOJohn Jones, Treasurer... 35 00 J. W. Renfroe, Treasurer 30 00 J. W. Renfroe, Treasurer
|J. W, Renfroe, Treasurer

TIME FOR PAYMENT OF COUPONS.

WHERE PAYABLE.

AUTHORITY FOR ISSUE. FOR WHAT PURPOSE ISSUED.

SIGNERS OF BONDS,

February and August New York and State Treasury Act of 27th of February, 1856 .

February and August New York and State Treasury Act Of 27th of February, 1856..

February and August New York and Slate Treasury Act of 27th of February, 1856..

February and August New York and >tate Treasury Act of 27th of February, 1856..

January and July

New York and State Treasury Act of mil of March. 1806

January and July

New York and State Treasury Act of 12ih of March, 1866

Jan , April, July and Oct. New York and State Treasury, Act Of 15th of September, 1870.

January and July

New York and State Treasury, Act of 18th of January, 1872. ..

January and July

New York and State Treasury. Act Of 18th of January, 1872...

April and October

New York and State Treasury. Act of 19th of February, 1873..

April and October

New York and State Treasury. Act of 19th of February, 1873..

April and October

New York and State Treasury. Act of I9lh of February 1873..

April and October

New York and State Treasury. Act of 19th of February, 1873..

April and October

New York and State Treasury. Act of 19th of February,1873.

January and July

New York and State Treasury. Act of 24th of February, 1876 .

January and July

New Ycrk and Slate Treasury. Act of 19th of February, 1877..

January

iNew York and State Treasury. Act of 14th of December, 1878..

Atlantic and Gulf Railroad...

Charles J. Jenkins, Governor ; Nathan C. Barnett. Secretary of State.

Atlantic and Gulf Railroad...

Charles J. Jenkins, Governor; Nathan C. Barnett, Secretary of State.

Atlantic and Gulf Railroad..

Charles J. Jenkins, Governor; Nathan C. Barnett, Secretary of State.

Atlantic and Gulf Railroad...

Charles J. Jenkins, Governor; Nathan C. Barnett, Secretary of State.

Renewal of Old Bonds, etc...

Charles J. Jenkins, Governor ; John T. Burns, Comptroller-General.

Renewal of Old Bonds, etc...

Charles J. Jenkins, Governer; John T Burns, Comptroller-General.

Kenewal ol Old Bonds, etc...

Rufus B. Bullock, Governor; David G. Cotting, Secretary of State.

Renewal of Old Bonds etc...

James M. Smith, Goverr.or; David G. Cotting, Secretary of State.

Renewal of Old Bonds, etc...

James M. Smith, Governor ; David G. Cotting, Sec etary of State.

Renewal of Old Bonds, etc...

James M. Smith, Governor ; Nathan C. Barnett, Secretary of state.

Renewal of Old Bonds, etc...

James M. Smith, Governor ;, Nathan C. Barnett, Secretary of State.

Renewal of Old Bonds, etc...

James M. Smith, Governor; Nathan C Barnett, Secretary of State.

Renewal of Old Bands, etc...

James M. Smith, Governor; Nathan C. Barnett, Secretary of State.

Renewal of Old Bonds, etc...

James M. Smith, Governor ; Nathan C. Barnett, Secretary of State.

To pay in. on M & B.,N. SS Bonds James M. Smith, Governor; Nathau C. Barnett, Secretary

To fund M &B.,N. &S., M.Bra hb'ds Alfred H. Colquitt, Governor; Nathan C Barnett, Secret*

To Redeem Maturing Bonds..

Alfred H Colquitt, Governor; J. W. Renfroe, Treasurer.

he following numbers of Gold Quarterly Coupon Bonds are outlawed by the Act approved August 23, 1872, viz: 797, 798. 1,010*, 1,629, 1,630,1,633,1,741,1,771, 1,772,1,773, 1,774,1,791, 1,792,1,811,1,825, 1,826,1,840, 2,501 to 2,575, both inclusive, 2,591, 2,592, 2,593, 2,594, 2,595, 2,596, 2,597, 2,598, 2,599, and 2,600. Bond 1,010 has been paid, by authority of Act approved 1877. *There were $400,000 of this issue, but all have been redeemed except the above 882,160.

m

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J

UNIVERSITY OF.GEORGIA LIBRARIES

3 ElDfl Q54E4 2D71